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Allianz pauses talks to combine investment management business with Amundi: report
Allianz (OTCPK:ALIZF)(OTCPK:ALIZY) has put the brakes on talks with Amundi (OTC:AMDUF) and its majority stakeholder Credit Agricole (OTCPK:CRARF)(OTCPK:CRARY) over combining its €560B ($591.84M) investment management business with the larger French peer,
Allianz, Amundi stop talks over combining asset management businesses, source says
Allianz and Amundi have paused discussions about combining their asset management businesses into a European investment giant that would manage nearly 2.8 trillion euros ($3 trillion) in assets, a source close to Allianz said.
Allianz pauses talks with Amundi to form €2.8tn asset management giant
The two sides had been in on-and-off discussions for more than a year, and were in exclusive talks to form a European giant with almost €2.8tn of assets under management as recently as Saturday morning.
GlobeSt.com
20h
Healthcare Realty Trust Faces Pressure After Starboard Value Investment
Activist investor Starboard Value has taken a 5.9% position in Healthcare Realty Trust (HR), according to a filing with the ...
2d
Vanguard plans new advice and wealth management division
Money manager Vanguard said on Monday it will establish a new advice and wealth management division led by industry veteran ...
Bisnow
6d
CBRE Names Co-CEOs For $150B Investment Management Arm
Danny Queenan, who had been leading CBRE's real estate investments, will focus on heading up Trammell Crow Co.
15d
on MSN
What Investment Managers Aren’t Telling You
Conflicts are meant to be disclosed. The reality is often different, Hunter Lewis writes in a guest commentary.
1d
JPMorgan Chase expects investment banking fees to be up by 45% in Q4
JPMorgan Chase investment banking fees are expected to rise by 45% in the fourth quarter over a year ago, Marianne Lake, the ...
Executive Gov
9d
FDIC Seeking Portfolio Investment Management System Proposals
Read about an FDIC request for proposal to replace the existing Portfolio Reporting, Trading, and Investment Analysis system.
Pensions&Investments
6d
CBRE Investment Management names new co-CEOs, global CIO to depart
Adam Gallistel and Andrew Glanzman were named co-CEOs of real estate manager CBRE Investment Management, and its global CIO, ...
14h
The NFL has long eschewed private equity investment. 2 teams just changed that
Private equity investors gained limited control of the Philadelphia Eagles and Miami Dolphins after a Wednesday morning vote ...
Business Times
5d
An ethics case study: AI in investment management
INVESTMENT professionals have increasingly embraced artificial intelligence (AI) to augment and improve the investment ...
6d
on MSN
Mutual fund pioneer MFS Investment Management launches first ETFs
MFS Investment Management, the Boston-based asset manager that unveiled the world's first open-ended mutual fund a century ...
22h
BlackRock CFO Martin Small outlines the asset management giant's top 3 criteria for every acquisition
BlackRock has been on a shopping spree this year. Here's how the asset management firm decides whether or not to pull the ...
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